Gold Silver Reports (GSR) – Mutual Fund Investments in Debt Securities Lowest in 5 Years – Mutual funds pulled out ₹ 14,085.55 crore from debt securities in May, regulatory data showed, shifting to equities amid rising bond yields and higher fixed deposit rates. According Securities and Exchange Board of India (Sebi), this is the lowest mutual fund investment in debt markets since July 2013. In comparison, debt securities saw mutual fund inflows of ₹ 20,164.82 crore in April and ₹ 9,514.37 crore in May 2017.
Today Stocks : Biocon, Dish TV, Symphony, Avanti Feeds, Phoenix Mills
Gold Silver Reports (GSR) – Today Stocks : Biocon, Dish TV, Symphony, Avanti Feeds, Phoenix Mills — Japanese stocks fluctuated, while shares gained in Australia and fell in South Korea. The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, traded 0.8 percent lower at 10,787.50 as of 7:40 a.m.
PM Modi Mann Ki Baat, June 2018 INDIA
Gold Siver Reports (GSR) – PM Modi Mann Ki Baat, June 2018 INDIA – Prime Minister Narendra Modi addressed the nation on 24 June via his radio programme, Mann Ki Baat. This is the 45th edition of the monthly programme.
MONSOON UPDATE For Indian Market
Gold Silver Reports – (GSR) – MONSOON UPDATE For Indian Market – Conditions are becoming favourable for pre-monsoon thunderstorm activity over parts of northwest India from June 27, IMD’s Additional Director General Mritunjay Mohapatra said. Central India and the north Indian plains, that have been witnessing a rise in temperatures, are likely to get some relief in the next two to three days.
Gold Extends Gains on Jeweller Buying, Positive Global Cues
Gold Silver Reports (GSR) – Gold Extends Gains on Jeweller Buying, Positive Global Cues – In the national capital, gold of 99.9% and 99.5% purity added ₹15 each to ₹31,600 and ₹31,450 per ten gram, respectively………..It had gained ₹15 yesterday. Sovereign gold, however, remained unaltered at ₹24,800 per piece of 8 gram.
Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns
Gold Silver Reports (GSR) – Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns – Gold prices posted an outside weekly reversal off resistance off yearly open resistance earlier this month with the subsequent decline now approaching a series of parallels which could offer some near-term support. The region of interest is $1255/60. Keep in mind that weekly momentum has fallen to its lowest levels since January 2017 and further highlights the downside risk for bullion.
Trade Is an Afterthought in Stock Market Still Glued to Earnings
Gold Silver Reports (GSR) – Of all the forces swaying equity prices, earnings expectations are the hardest to see. They don’t make headlines, are difficult to quantify and get lost in the din around trade wars and politics.